Restructuring sovereign debt, 1950–2010: From process to outcomes

Das, Udaibir, Papaioannou, Michael & Trebesch, Christoph. There is an ongoing debate about debt restructurings, debt buybacks and other strategies to resolve sovereign debt crises. Unfortunately there is limited empirical knowledge about the process and outcome of past restructurings to guide the debate and help tackle future crises. This column is an attempt to fill this gap […]